Emini-Watch.com is a website dedicated to Emini trading and my name is Barry Taylor. I’m not a trading Guru and I haven’t discovered the Holy Grail. I’m just a regular guy who makes a living trading Emini futures and this website shows what works for me.
To be honest this website has become a personal obsession – I’ve been posting videos, articles, charts and more virtually every day since 2006. And that activity – more than anything else – has transformed my trading to where I now trade full-time for a living.
On 15 November 2011 Emini-Watch.com had it’s 1 millionth visit and the site currently has over 4,700 subscribers to the (almost) daily Emini trading updates.
I started trading stocks in 1995
I started trading stocks in 1995, then moved on to small caps, options, warrants, commodities, forex, etc. – a progression you might be familiar with too. And along the way I did OK – had some big wins, had some big losses – but never gave up. I just love trading and watching markets.
Along the way I learned a few things:
- Traditional technical analysis techniques are at best 50:50 propositions – MACD, Fibonacci or Candlestick patterns alone won’t do.
- Price alone cannot be used to predict price – you need to factor in demand & supply volume, the real drivers of price.
- Markets turn with a repeatable pattern – climactic volume, price exhaustion & Professional activity then less volume, price testing & Amateur mistakes.
- Less is more – use the minimum number of simple indicators and avoid over-optimization at all costs.
- Lastly, you need to work hard at trading – otherwise you will fail. Sorry.
By 2004 I was focussed exclusively on the Emini
It wasn’t until I started trading Emini futures that I really started to find my groove. By 2004 I was focussed exclusively on trading the Emini – first purely systematically, then discretionary swing trading and finally discretionary day trading. By 2009 I was able to give up my day job (freelance consultant) and trade full-time for a living.
IMHO the Emini is the perfect trading vehicle: Why trade Emini futures
I trade using 3 non-correlated indicators, the ‘Better’ indicators – one measures Price, another buying/selling Volume and the third Average Trade Size. The combination of these 3 indicators on 3 different time frame charts helps me determine the trend and identify trade entries and exits. Some have called it a 3-dimensional approach to trading.
Do you want to trade for a living?
If you ever wanted to trade for a living, this website can help you.
You need to find your own unique trading style. This website shows you what I do and how my trading style has evolved. Use this website as a starting point. As Bruce Lee said: “Absorb what is useful, discard what is useless and add what is uniquely your own”.
“… Your stuff is dynamite” Benjamin S.
“… Your work is inspirational” Peter S.
“… Best market commentary online” Darryl S.
“… Blows away every other so-called expert on the Internet” Richard T.
If you’d like to learn more then start here: How to Day Trade
Check out the Testimonials – there are plenty of people who have or are making the transition and attribute some of their success to Emini-Watch.com.
Lastly, I still don’t have all the answers and continue to take my fair share of losing trades – this website tracks my successes, my failures and is a record of how the methodology is evolving. I wish you good luck with your trading.
